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Incorporated in Guernsey. Guernsey registration Number: 47656.
South African external company registration number 2009/012636/10
Share code on JSE:GML / AIM:GEM
ISIN: GG00BG0KTL52 | LEI: 21380017GAVXTCYS5R31
("Gemfields" or the "Company")
Dividend Finalisation
LONDON, 11 OCTOBER 2022
Further to the Company’s announcement on 29 September 2022 containing details of the Interim
Dividend (“Dividend”) declared by Gemfields, notice is hereby given that the dividend, being a
gross dividend of USDc 1.24487 per ordinary share, payable from income reserves, will be
converted from United States Dollars (USD) to South African Rand (ZAR) and Great British
Pounds (GBP) at the below exchange rates of Monday, 10 October 2022, obtained from currency
conversion transactions the Company has entered into:
• JSE shareholders – USD/ZAR 18.1725, equating to a dividend of ZARc 22.62240 per
share
• AIM shareholders – USD/GBP 0.9008, equating to a dividend of GBP pence 1.12138 per
share
The gross dividend of USDc 1.24487 per ordinary share is lower than previously stated in the
interim results from 29 September 2022, due to the new ordinary shares issued and allocated by
Gemfields on 5 October 2022 following the exercise of share options. The number of ordinary
shares in issue as of today’s announcement is 1,204,948,507 shares.
Shareholders are reminded that the relevant dates relating to the payment of the Dividend are as
follows:
2022
Last date to effect removal of shares between the UK (AIM) and Tuesday, 18 October
SA (JSE) registers by 11:00 a.m SA time
The last day to trade in Gemfields shares in order to qualify to Tuesday, 18 October
participate in the Dividend on
Shares start trading ‘ex’ dividend in SA on Wednesday, 19 October
Shares start trading ‘ex’ dividend in UK on Thursday, 20 October
Record date for participation in the Dividend Friday, 21 October
Removal of shares between UK and SA registers permissible from Monday, 24 October
Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
T +44 (0)1481 731 554
gemfieldsgroup.com
Payment date Friday, 4 November
Share certificates may not be dematerialised or re-materialised between 19 October 2022 and 21
October 2022, both days inclusive.
Additional information for South African resident shareholders of Gemfields is noted below:
• Tax reference number in (United Kingdom) is 32518 26138.
• The current issued ordinary share capital of Gemfields is 1,204,948,507 ordinary shares.
• The dividend paid by Gemfields to South African resident shareholders registered on the
South African register is subject to South African Dividend Tax (“Dividend Tax”) of 20%
(subject to any available exemptions as legislated).
• Shareholders are advised that Gemfields will not deduct any applicable Dividend Tax at
source.
• Shareholders registered on the South African register who are exempt from paying the
Dividend Tax will receive a dividend of ZARc 22.62240 per share paid by Gemfields.
These exempt shareholders are advised to contact their broker or CSDP (Central Securities
Depository Participant) to confirm their tax status to ensure no Dividend Tax is deducted
by the regulatory intermediary.
• Shareholders registered on the South African register who are not exempt from paying the
Dividend Tax will receive a net dividend of ZARc 18.09792 per share (gross dividend of
ZARc 22.62240 per share less Dividend Tax of ZARc 4.52448 per share). These non-
exempt shareholders are advised to contact their broker or CSDP so that the Dividend
Tax can be withheld by the regulatory intermediary.
• Shareholders who are in doubt as to their tax status or position or any other matter,
including, inter alia, any exchange control requirement, should consult an appropriate
independent professional advisor in their relevant jurisdiction without delay.
-ENDS-
Further information on Gemfields Group Limited can be found at:
GEMFIELDSGROUP.COM
Gemfields Group Limited Page 2 of 4
To join our investor mailing list, contact us on:
ir@gemfields.com
For any press enquiries please contact us on:
gemfields@camarco.co.uk
ENQUIRIES
GEMFIELDS Sean Gilbertson / David Lovett / Ian Hughes
ir@gemfields.com
T: +44(0) 20 7518 3400
SPONSOR (JSE) Investec Bank Limited
NOMINATED ADVISER finnCap
(AIM) & JOINT BROKER Christopher Raggett / Tim Redfern / Edward Whiley
T: +44(0) 20 7220 0500
JOINT BROKER Liberum
Scott Mathieson / Kane Collings
T: +44(0) 20 3100 2222
FINANCIAL PR/ IR Camarco
Gordon Poole / Emily Hall
T: +44(0) 20 3757 4980
ADDITIONAL INFORMATION ON GEMFIELDS
Gemfields is a world-leading miner of responsible coloured gemstones. Gemfields is the operator
and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single
largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most
significant recently discovered ruby deposits in the world). In addition, Gemfields also holds
controlling interests in various other gemstone mining and prospecting licences in Zambia,
Mozambique, Ethiopia and Madagascar.
Gemfields Group Limited Page 3 of 4
Gemfields’ outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage
- enables Gemfields to optimise positioning, perception and consumer awareness of coloured
gemstones through Fabergé designs, advancing the wider group’s “mine and market” vision.
Gemfields has developed a proprietary grading system and a pioneering auction and trading
platform to provide a consistent supply of coloured gemstones to downstream markets, a key
component of Gemfields’ business model that has played an important role in the growth of the
global coloured gemstone sector.
GEMFIELDS
GEMFIELDS.COM | INVESTORS |FOUNDATION
INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE
FABERGÉ
FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE
KAGEM MINING LINKEDIN
MONTEPUEZ RUBY MINING LINKEDIN
Gemfields Group Limited Page 4 of 4
